Investors punished Microsoft with a 6% share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta rose 4% after CEO Mark Zuckerberg assured Wall Street ...

Fourth-quarter earnings per share rose to $1.29 from 77 cents last year. On an adjusted basis, earnings were $1.11 a share, beating both its own guidance of between 99 cents and $1.09 as well as Wall ...